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Amazon Lets U.K. Shoppers Buy Now, Pay Later

Amazon’s Pay Monthly initiative lets shoppers in the U.K. pay for large orders in installments.

When Amazon shoppers in the U.K. go to pay for their orders, they’ll now see a new payment choice on the checkout page: Amazon Pay Monthly. The new option lets customers pay for more expensive items in installments, a move that could position the online retailer to further disrupt brick-and-mortar stores.

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